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ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 71)

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162. Kalpana |   Link |  Bookmark | September 11, 2016 4:56:27 PM
If promoters have third sence, they should give 5 percent discount to retailers
161. Harinarayan sharma |   Link |  Bookmark | September 11, 2016 3:36:50 PM
Icici pru. Application price and share premium in Jaipur. Please Tell me about thanks
160. Harinarayan sharma |   Link |  Bookmark | September 11, 2016 3:36:11 PM
Icici pru. Application price and share premium in Jaipur. Please Tell me about thanks
159. patel Narendrakumar |   Link |  Bookmark | September 11, 2016 3:29:52 PM
Ok i know i apply in sharholder category but where its from available ? Means public issue ipo from or different from for shareholder category?
Second my phon no is register in 3 demet account so eny problem for public issue share allotement because somtimes we have no any allotment in ipo in my three account.
158. patel Narendrakumar |   Link |  Bookmark | September 11, 2016 3:09:10 PM
I have icici bank share of my mother name and from public issue of icici bank.icici prudential share resarvestin of icici bank shareholder.my share allredy demet account in issue time of my mother demet account .i want apply icici prudential share in bank shareholder catagory .where are application me? And in my mother
demet account no register email so any quiry of do application inpublic issue.and my phone no register in my and my mother account means 1 phone no register in 2 account .i saw last some time i apply any public issue but no alloted any share .sir i do not know , if can my email or phone no query problem in public issue .
158.1. shreeh |   Link |  Bookmark | September 11, 2016 3:17:00 PM
when you applying in ipo there are three option 1)individual,2)employee,3)share holder selct share holder and apply
157. Vaibhav |   Link |  Bookmark | September 11, 2016 10:27:40 AM
“There is a strong appetite for the IPO and the anchor book is already oversubscribed. There are a handful of investors who want to buy stakes worth up to $100 million. The demand from US-based investors is very high,” he said.

A second person said the insurer is likely to be valued at between Rs.45,000 crore and Rs.48,000 crore, based on discussions with investors during the roadshows.

The public offer comprises sale of 181.34 million equity shares of ICICI Prudential Life, representing about 12.65% of the equity capital, through an offer for sale by ICICI Bank, according to the draft filing. Prudential will not dilute its stake.

Investment banks ICICI Securities Ltd and Bank of America Merrill Lynch have been hired as the Tier-I banks to manage the share sale.

Bank of America Merrill Lynch declined to comment. ICICI Prudential Life Insurance and ICICI Securities did not respond to emails.

The other banks hired to manage the share sale are CLSA India Pvt. Ltd, Deutsche Equities India Pvt. Ltd, Edelweiss Financial Services Ltd, HSBC Securities and Capital Markets (India) Pvt. Ltd, IIFL Holdings Ltd, JM Financial Institutional Securities Ltd, SBI Capital Markets Ltd and UBS Securities India Pvt. Ltd.

In November, ICICI Bank sold 6% stake in the life insurance company in a transaction that valued the insurer at Rs.32,500 crore. Of this, 4% was acquired by billionaire PremjiInvest and its affiliates. The remaining 2% was bought by Compassvale Investments Pte. Ltd, a wholly-owned unit of Temasek Holdings.

The deal was valued at about Rs.1,950 crore.
157.1. Saashy |   Link |  Bookmark | September 11, 2016 11:09:36 AM
I agree.
This is 12.65% issue leading to 6000+ Cr ( at maximum ), which itself means valuation of 47000 Cr or so. The HDFC + Max combine is getting valued at 67000 Cr approx. This justifies I Pru valuation and also leaves something on the table for investors. Being a large issue, allotment economics will play a role - but I understand in investor world, there is a much
positive bias
156. shalu |   Link |  Bookmark | September 11, 2016 8:48:14 AM
I will apply icici prud ipo and exit at rs 450 within 6 months i not apply l and t tech co discount listing possible i will apply gna axles ipo also
155. shalu |   Link |  Bookmark | September 11, 2016 8:43:16 AM
Please compare stock with max india financial service ltd and usa listed life insurance co then decide to apply
154. gundu anna |   Link |  Bookmark | September 11, 2016 7:40:44 AM (500+ Posts, 100+ Likes)
those of you who are applying under shareholder quota, can get full and firm allotment. 10% reservation is quite big in this issue... Discl: going to apply under shareholder quota
154.1. pawan hargunani |   Link |  Bookmark | September 11, 2016 12:23:52 PM
How to apply under shareholder quota can u guide
154.2. Invtrader |   Link |  Bookmark | September 11, 2016 5:31:15 PM
HNIs will make a killing; they will invest from retail accounts after offering them lollipops.
Plus, they would have bought ICICI share also as the prospectus was in public domain since long (only date was not fixed). This might be reason for upswing in ICICI''s price for last 2 weeks
153. pablo Escobar |   Link |  Bookmark | September 10, 2016 11:05:39 PM
Icici is cheater and have made hugh n/w of buyers in GmP that will push demand higher and higher so no chance of price band less.or gmp )on accounting of kostak sell, but i would like to assure u , u won''t see high of listing day again ( atleast for 4 mnths)
153.1. gundu anna |   Link |  Bookmark | September 11, 2016 7:42:37 AM (500+ Posts, 100+ Likes)
I am going to apply for this cheater issue(if it is so)
152. SandipG |   Link |  Bookmark | September 10, 2016 10:50:23 PM
It looks like there is some confusion in previous posts and notification from ICICI bank regarding shareholder quota on maximum amount existing ICICI shareholders can apply for.

My understanding is, those who applies in shareholders quota upto Rs. 2 Lacs can also apply in Retail or HNI category in Normal quota. however if one applies in shareholders` quota for more than Rs. 2 Lacs cannot apply in retail or HNI category in Normal category.

Am I missing something here ? I am not an expert here so please feel free to correct me if my understanding is wrong.


152.1. CLD |   Link |  Bookmark | September 10, 2016 11:28:18 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Apply for one lot in each category. It is the best strategy in all circumstances.
152.2. Hexadecimal |   Link |  Bookmark | September 10, 2016 11:37:52 PM
You are absolutely right.
In case someone apply for more than 200000 in shareholder category and further apply in any other category, then his/her both application will be treated as multiple bid and summarily rejected. But if some one applies in shareholder quota upto Rs. 200000 and further applies in other categories say either retail or HNI, his/her both application will be treated separately and both would be eligible for allotment.
151. unni kutti |   Link |  Bookmark | September 10, 2016 9:39:12 PM
Dear All

how to apply for existing shareholder allotment upto 2lakhs , through brokers or we have to approach directly to icici pru office. or is there is any spl forms /application kindly help me apply (i just asked my broker he said he has no exp in these) experts kindly help me the same. thnks in advance
151.1. VKK |   Link |  Bookmark | September 10, 2016 9:59:04 PM
In case you apply online ASBA there will be an additional category of existing share holder which you can select and apply. Just wait till the ipo starts.
150. Sampat Kumar Roy |   Link |  Bookmark | September 10, 2016 9:04:02 PM
Save your Money.... there are biggies yet to come... forget these three ipos
149. Jai |   Link |  Bookmark | September 10, 2016 5:30:43 PM (300+ Posts)
What is premium or kostak...
148. shalu |   Link |  Bookmark | September 10, 2016 5:24:10 PM
WHOLE MARKET DOWN I AVOID ALL 3 IPO
148.2. AARVEE |   Link |  Bookmark | September 11, 2016 1:05:40 AM
U spotted ur fellow
148.3. shalu |   Link |  Bookmark | September 11, 2016 8:45:18 AM
haha i donot remember yesterday post
147. Ipo tracker |   Link |  Bookmark | September 10, 2016 4:38:46 PM (500+ Posts, 200+ Likes)
This can be a first time that an issue will be undersubscribed appwise in retail portion.
Allottement can be like..
Suppose there are 10 lakhs applications, then all applicants will get minimum one lot, and after that, the remaining shares(14,42,485lots -10,00,000 lots=4,42,485 lots       Ã—44=1,94,69,340shares) will be allotted proportionately to those who have applied for more than one lot as per their bid size.
147.2. Ipo tracker |   Link |  Bookmark | September 10, 2016 5:30:32 PM (500+ Posts, 200+ Likes)
Safer option will be to make a price bid @ 300 or 305.
147.3. Chem cho |   Link |  Bookmark | September 10, 2016 8:15:47 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
RETAIL Investors should avoid subscription on the last day ,so that the management is forced to extend the date and reduce the issue price below Rs 300 as perviously mentioned before the issue price was announced
146. CNS |   Link |  Bookmark | September 10, 2016 4:19:41 PM
Please tell me that i have purchased shares of icici on 7 sept...so can i apply into shareholder categary? Or not?
146.1. SATENDRA DUSAD |   Link |  Bookmark | September 10, 2016 6:56:05 PM
ICICI shares should be in your demat account on 7th Sep, than only you can apply in shareholder category
145. dr anil agarwal |   Link |  Bookmark | September 10, 2016 4:02:10 PM
i am shareholdrer of ICICI bank. I want apply in ICICI prudential IPO under category of ICICI shareholder. where i can get application for it.
144. unni kutti |   Link |  Bookmark | September 10, 2016 3:25:37 PM
Dear All

Today i got an offical mail from icici bank reg: retail participation
i have been holding icici bank share for the past 10 + years. i would like to invest around 1lakhs, i dont know how to apply in retail category kindly guide me. is there tentaive date to apply retail category thnks in advnce
144.1. Ashish Khater |   Link |  Bookmark | September 10, 2016 3:41:26 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
U have to apply under shareholder category.....instead of retail. In addition to this u can apply for remaining 1 lac in retail category too
Jai Jinendra....Jai Shree Ram
143. AMIT KOTA |   Link |  Bookmark | September 10, 2016 1:54:46 PM
can anyone tell that for shareholder catagory ..one should have icici share on which date in his dmat account...
143.1. SATENDRA DUSAD |   Link |  Bookmark | September 10, 2016 2:48:17 PM
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